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Tesla's Robotaxi Launch Could Be Key To $310 Price Target, Says Gary Black
Wednesday, June 18, 2025 - 6:33am | 804Future Fund LLC's managing director, Gary Black, set a $310 price target for Tesla Inc. (NASDAQ:TSLA) ahead of the company's Robotaxi launch in Austin on June 22. What Happened: The investor gave a breakdown of positive and negative factors that could affect Elon Musk's EV giant's stock performance...
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Gary Black Says Musk's Apology Should 'Repair' Relations With Trump, Weighs In On Cybercab Production: 'Elon Likely Realized That Tesla Needs Help'
Thursday, June 12, 2025 - 1:27am | 831Future Fund LLC's Managing Director, Gary Black, thinks Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk's post expressing regret over comments on U.S. President Donald Trump could help repair relations between the two. What Happened: "TSLA now up +15% (vs NDX +2%) since last week's extraordinary falling out...
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Gary Black's 2021 TSLA Stock Exit Dodged A 30% Drop: Can Valuation Discipline Outsmart Tesla's 2025 Robotaxi Hype
Wednesday, June 11, 2025 - 11:01am | 1472As Tesla Inc. (NASDAQ:TSLA) gears up for its much-hyped Robotaxi service launch, investors are revisiting the disciplined valuation strategy of Gary Black, who sidestepped a 30% downturn by exiting TSLA in 2021. What Happened: With Tesla's stock trading at a staggering price, which is 166.67 times...
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Why Pro Investor Gary Black Ditched Tesla To Bet On Nvidia, Amazon, Meta And DoorDash?
Wednesday, June 11, 2025 - 5:51am | 693Gary Black, a seasoned Wall Street investor, has made a significant shift in his investment strategy. Black, who recently sold off his remaining shares in Tesla Inc. (NASDAQ:TSLA), is now focusing on what he sees as major opportunities in big tech. What Happened: Black, the...
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Gary Black Questions Tesla's Sky-High Forward P/E Ratio: 'Long-Term Growth Rate Needed To Justify a 180X P/E Would Cause Tsla Market Cap To Be Bigger'
Saturday, May 31, 2025 - 3:25pm | 687Gary Black, Future Fund LLC’s managing director and a prominent market analyst, has expressed concerns about Tesla Inc.’s (NASDAQ:TSLA) high forward price-to-earnings (P/E) ratio, questioning the sustainability of its current valuation. What Happened: In a detailed thread on X on...
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Gary Black Says Tesla's Robotaxi Launch In June Poses Minimal Risk To Uber: 'Will Offer Low-Cost…'
Friday, May 30, 2025 - 2:39am | 760Future Fund LLC's managing director, Gary Black, says that Tesla Inc.'s (NASDAQ:TSLA) June 12 Robotaxi launch poses no significant threat to Uber Technologies Inc. (NYSE:UBER) What Happened: "$UBER -4% today on confirmation TSLA will move forward with its Austin robotaxi test starting June 12," the...
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Gary Black's Future Fund Sells Remaining Tesla Stock, Reitrates $310 Price Target: 'TSLA's Valuation Has Become Disconnected...'
Thursday, May 29, 2025 - 6:43am | 865Future Fund's Managing Director, Gary Black, says the investment firm sold off the remainder of its Tesla Inc. (NASDAQ:TSLA) stocks. What Happened: "We believe TSLA's valuation has become disconnected from underlying fundamentals," Black said in a post on social media platform X on Wednesday. This...
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Gary Black Says Price War By BYD Threatens Tesla — Dismisses Elon Musk's Comeback As 'Non-Event'
Tuesday, May 27, 2025 - 2:58am | 1296Shares of Tesla Inc. (NASDAQ:TSLA) might be in for a rough week, according to the Managing Partner of The Future Fund, Gary Black, following the announcement of steep discounts by the company’s Chinese rival. What Happened: Black took to X on Monday, addressing concerns regarding the latest...
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Gary Black Slams Tesla's Unsupervised Autonomous Driving Ahead Of Austin Robotaxi Launch: 'I Have Warned…'
Friday, May 23, 2025 - 5:15am | 603Future Fund LLC's managing director, Gary Black, has slammed Tesla Inc.'s (NASDAQ:TSLA) autonomous driving plans, as CEO Elon Musk earlier said next month's Robotaxi launch in Austin would have supervised autonomous vehicles. What Happened: "I have warned $TSLA investors numerous times not to get...
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Cathie Wood Dumps Block Shares As Bitcoin Hits Fresh All-Time High, Buys Baidu Amid Robot Car Buzz
Thursday, May 22, 2025 - 9:32pm | 656On Thursday, Cathie Wood-led Ark Invest made significant trades involving Block Inc. (NYSE:XYZ) and Baidu Inc. (NASDAQ:BIDU). The investment firm sold shares of the Jack Dorsey-led company through its ARK Next Generation Internet ETF (BATS:ARKW) while acquiring shares of Baidu through the ARK...
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Pony.ai Stock Is Up 315% In A Month As Uber Deal, Global Robotaxi Rollout, And Tariff Shield Fuel Investor Frenzy, But Can It Keep Up?
Thursday, May 22, 2025 - 6:32am | 821Chinese autonomous vehicle technology company Pony AI Inc. (NASDAQ:PONY) has been on a hot streak, with the stock rallying 315% over the past month, following a string of positive catalysts in recent weeks. What Happened: During its first quarter earnings call on Tuesday, the company confirmed its...
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Gary Black Compares Uber's Shift To Driverless Cars With Netflix's 2007 Move From DVDs To Streaming, Says Tesla 'Faithful' Are Missing The Bigger Picture
Wednesday, May 21, 2025 - 5:54am | 628The Future Fund LLC managing partner, Gary Black and a long-term Tesla Inc. (NASDAQ:TSLA) bull, is challenging conventional wisdom among Tesla investors regarding the future of autonomous ride-hailing and Uber Technologies Inc.‘s (NYSE:UBER) position in the market. What Happened: Black drew...
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Tesla New Vehicle Registrations Surge In China, Gary Black Says It Should Provide Investors Some Relief
Tuesday, May 20, 2025 - 6:35am | 663Tesla Inc. (NASDAQ:TSLA) saw a surge in weekly new vehicle registrations in China as Elon Musk's EV giant grapples with declining sales globally. What Happened: The company recorded 11,130 insurance registrations for the week of May 12- May 18, 2025, according to a post on X by Tesla Influencer...
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Unitedhealth, Coreweave, Mullen Automotive, Microsoft, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Monday, May 19, 2025 - 11:30pm | 776U.S. stock markets ended the day higher, with the S&P 500 logging its fifth straight gain. The Nasdaq led the charge, jumping 4.36% to close at 19,215.46, fueled by a surge in tech stocks. The Dow Jones added around 137 points, or 0.3%, to finish at 42,792.07, while the S&P 500 inched up 0....
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Gary Black Thinks Expectations For Tesla's Robotaxi Launch Are Too High: 'Currently, Tesla's Autonomy Can't…'
Monday, May 19, 2025 - 5:34am | 650Future Fund LLC's managing director, Gary Black, says that analysts may be expecting too much from Tesla Inc.‘s (NASDAQ:TSLA) June Robotaxi launch in Austin. What Happened: Sharing his thoughts, the investor initially outlined how all opinions about the company's stock performance should be...